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PJM Interconnection proposes data centers switch to backup generators during grid emergencies. This plan aims to protect residential consumers from rising power costs and potential blackouts. Utilities would curtail data center demand before residential power is affected. PJM seeks to establish a registry for monitoring large electricity users. The rapid growth of data facilities creates…
2 killed in school shooting in Philippines’ Zamboanga
The U.S. dollar weakened against major currencies as traders scaled back tightening expectations. Soft economic data, including retail sales and job losses, influenced these shifts. Traders now see a lower chance of a Federal Reserve rate hike in September. Elevated oil prices and geopolitical tensions in the Middle East are causing market fragility. Bond yields…
Resilient Asset Management plans to sell nearly five percent of Paytm shares. This stake sale is valued at approximately five thousand crore rupees. Proceeds will go to Chinese investor Ant Financial under an existing agreement. Resilient acquired the stake from Ant Financial in twenty twenty-three. This move helps reduce Chinese influence within the fintech company.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a negative start; Asian shares trade higher
Adani Enterprises stock has rebounded strongly, becoming the top performer on India’s equity benchmark. Investor confidence is growing after the conglomerate faced significant challenges and allegations. Recent legal dismissals and index adjustments have further boosted the company’s standing. The group’s infrastructure businesses are seen as a proxy for India’s economic growth. This resurgence has propelled…
The Rs 1,553 crore IPO was priced at Rs 140 per share, comprising a fresh issue of 10.20 crore shares worth Rs 1,428 crore and an Offer for Sale (OFS) of 89 lakh shares valued at Rs 125 crore.
SKS Technologies FY26 slides: 93% profit surge, $500M target
Smart Parking FY26 slides: revenue surges 63%, organic growth leads
Gift Nifty was trading around the 24,320 level, down nearly 72.70 points from the Nifty futures’ previous close, indicating a negative start for the Indian stock market indices.